But wouldn't the Trump tariffs also effect all newly built 2018's and that hasn't been the case? I read somewhere that all the steel used to create domestic trucks was obtained within the U.S.
I hope the 2019's price stays the same but I would be ok with a 1K to 2K increase. Not that what I want matters.
Is it normal for order banks to open on a weekend?
NAFTA and EU tariffs on steel and aluminum started May 31. The raw material from any truck landing on a dealer's lot today was purchased many months ago. And on top of that, many companies stockpiled ahead of the tariffs, so the effects haven't really trickled down yet.
It really doesn't matter where the steel/aluminum comes from because the entire point of the tariffs is to allow domestic producers to raise their prices and become more profitable. All steel and aluminum is more expensive, not just the imported stuff.
And more recently Trump is threatening to impose a 10%-25% tariffs on all imported auto parts. 1/3 of the F-150 is made from imported parts, so that is a direct hit. And just like the steel/aluminum, these tariffs will allow domestic producers to raise their prices, so it really doesn't matter where something is made, everything gets more expensive in a trade war.
Ford will probably absorb the price increases in their more price-senstive segments, but they will have to make up for those losses in their less price-sensitive vehicles. Given the ADMs people are willing to pay, no doubt the Raptor will be one of the vehicles that Ford tries to squeeze more money out of.